Steve Norman
@snormtrader.bsky.social
Trader of financial instruments and creator of programs for trading them. Trade ideas are just my own opinion and not recommendations.
www.for-exe.com
www.for-exe.com
I won't be doing a review before NYSE bell today: pre-FOMC trading is seldom much fun.
January 28, 2026 at 6:54 AM
I won't be doing a review before NYSE bell today: pre-FOMC trading is seldom much fun.
#DOW H4: dancing around this week's WOWC gap. A full 2nd leg down, as shown, would test the lower channel but that might be a big ask before news. The SR pivot is once again support - let's see if that can hold this AM, for more up; although MF looks to be with the bears for now. W&S for #FOMC
January 28, 2026 at 6:52 AM
#DAX H1: we saw the Be option, from yday AM, done nicely and this week's WOWC gap top held for support. If that continues to be the case, we might have another push for the blue TZ1 or the M15 TZ1/2. With the strength of the move on 21st, it would be logical to seek another move up. FOMC caveat :)
January 28, 2026 at 6:50 AM
#DAX H1: we saw the Be option, from yday AM, done nicely and this week's WOWC gap top held for support. If that continues to be the case, we might have another push for the blue TZ1 or the M15 TZ1/2. With the strength of the move on 21st, it would be logical to seek another move up. FOMC caveat :)
#DAX D1: #FOMC day and yday was just a pre-FOMC consolidation day, stuck between 25k/WOWC gap and the TLB D. So no change from ydays thoughts as we continue to wait-and-see. #PriceAction
January 28, 2026 at 6:48 AM
#DAX D1: #FOMC day and yday was just a pre-FOMC consolidation day, stuck between 25k/WOWC gap and the TLB D. So no change from ydays thoughts as we continue to wait-and-see. #PriceAction
#NASD H1: how different does this look to DOW - I'd rather see them working together. Price is currently at a cluster of TZs for a possible reversal, and maybe an SDF: if so, 26k then M15 H1 TZ2 are within reach today. I like where the M15 TZ2 is, although strong divergence ...
January 27, 2026 at 2:30 PM
#NASD H1: how different does this look to DOW - I'd rather see them working together. Price is currently at a cluster of TZs for a possible reversal, and maybe an SDF: if so, 26k then M15 H1 TZ2 are within reach today. I like where the M15 TZ2 is, although strong divergence ...
#NASD D1: pretty good day for the bulls, yday, and if they continue today, we might get that all important higher close, above the red SR line. For now, like DOW, it's still range-bound between the 25 & 26K
January 27, 2026 at 2:28 PM
#NASD D1: pretty good day for the bulls, yday, and if they continue today, we might get that all important higher close, above the red SR line. For now, like DOW, it's still range-bound between the 25 & 26K
#DOW H1: DOW is back inside the big WOWC and is about to complete FE127. It's obviously been a strong day for the bears, so far: could be AB sharp C before more up; could be mid-way through a bigger move down; TPs/PRZs as shown. Basically it's still a case of playing the range, unfortunately.
January 27, 2026 at 2:28 PM
#DOW H1: DOW is back inside the big WOWC and is about to complete FE127. It's obviously been a strong day for the bears, so far: could be AB sharp C before more up; could be mid-way through a bigger move down; TPs/PRZs as shown. Basically it's still a case of playing the range, unfortunately.
#DAX H1: this week's WOWC gap has been nicely flipped and yday's TZ1 TP almost done.TZ1 is at a strong PRZ for a possible turnaround but if the bulls can push on, M15 TZ1 & TZ2 are both within range for today; the latter is my preference. #DayTrading
January 27, 2026 at 7:07 AM
#DAX H1: this week's WOWC gap has been nicely flipped and yday's TZ1 TP almost done.TZ1 is at a strong PRZ for a possible turnaround but if the bulls can push on, M15 TZ1 & TZ2 are both within range for today; the latter is my preference. #DayTrading
#DAX D1: TLB up and into the 25k and last week's WOWC gap. We've seen DOW and NASD flip the gap - is it time for DAX to do same? W & S 🙂 #PriceAction
January 27, 2026 at 7:06 AM
#DAX D1: TLB up and into the 25k and last week's WOWC gap. We've seen DOW and NASD flip the gap - is it time for DAX to do same? W & S 🙂 #PriceAction
#NASDAQ H1: like DOW, flipped this week's WOWC gap, to make the up look good. ADR nearly done so keep an eye on the TLB S, if the bulls can get there. Price is currently testing the M15 TLB D supply: if it holds, M15 TZ1 will be a strong magnet; if smashed, I'd fancy the H1 supply
January 26, 2026 at 2:55 PM
#NASDAQ H1: like DOW, flipped this week's WOWC gap, to make the up look good. ADR nearly done so keep an eye on the TLB S, if the bulls can get there. Price is currently testing the M15 TLB D supply: if it holds, M15 TZ1 will be a strong magnet; if smashed, I'd fancy the H1 supply
#NASDAQ: Weekly still in the super tight range (TCSWTGB). D1 found support @ 25k but is a total coin flip for now - the red TZs don't look as appealing at they did last week, especially with today's move. I think we'll need to wait to see which of the BBRNs is flipped
January 26, 2026 at 2:54 PM
#NASDAQ: Weekly still in the super tight range (TCSWTGB). D1 found support @ 25k but is a total coin flip for now - the red TZs don't look as appealing at they did last week, especially with today's move. I think we'll need to wait to see which of the BBRNs is flipped
Sorry for late reviews - Bluesky was down :( The following was as I saw it pre-bell ...
#DOW H1: TLB up from the flipped gap - looks good for you know what .... Price is in a channel up, and not exactly impulsive, so I'll keep the options open but ... up does look better than down pre-bell
#DOW H1: TLB up from the flipped gap - looks good for you know what .... Price is in a channel up, and not exactly impulsive, so I'll keep the options open but ... up does look better than down pre-bell
January 26, 2026 at 2:54 PM
Sorry for late reviews - Bluesky was down :( The following was as I saw it pre-bell ...
#DOW H1: TLB up from the flipped gap - looks good for you know what .... Price is in a channel up, and not exactly impulsive, so I'll keep the options open but ... up does look better than down pre-bell
#DOW H1: TLB up from the flipped gap - looks good for you know what .... Price is in a channel up, and not exactly impulsive, so I'll keep the options open but ... up does look better than down pre-bell
#DOW H1: TLB up from the flipped gap - looks good for you know what .... Price is in a channel up, and not exactly impulsive, so I'll keep the options open but ... up does look better than down pre-bell
January 26, 2026 at 2:20 PM
#DOW H1: TLB up from the flipped gap - looks good for you know what .... Price is in a channel up, and not exactly impulsive, so I'll keep the options open but ... up does look better than down pre-bell
#DOW H4: Strong SR Pivot did its job so 50K looks more likely, especially with the 62/70% bounce & where H1 TZ2 sits. If today's low is smashed, we're looking to the gap in demand. OT is making things very difficult for me, along with the rest of the world (except his minions) #PriceAction
January 26, 2026 at 6:27 AM
#DOW H4: Strong SR Pivot did its job so 50K looks more likely, especially with the 62/70% bounce & where H1 TZ2 sits. If today's low is smashed, we're looking to the gap in demand. OT is making things very difficult for me, along with the rest of the world (except his minions) #PriceAction
#DOW Weekly: ghost bar triple top with O & C at the WOWC gap low. We have a new range being so another W&S for a break of that. #PriceAction #TACO
January 26, 2026 at 6:25 AM
#DOW Weekly: ghost bar triple top with O & C at the WOWC gap low. We have a new range being so another W&S for a break of that. #PriceAction #TACO
#DAX H1: that WOWC gap down simply closed the FVG - and that, along with the reflex bounce, is why I think the bulls still have a chance. I'm going to leave Friday's upside magnets and see if we can flip the gap, to close last week's @ TZ2. IF not, M15 TZ2 is in a good spot
January 26, 2026 at 6:24 AM
#DAX H1: that WOWC gap down simply closed the FVG - and that, along with the reflex bounce, is why I think the bulls still have a chance. I'm going to leave Friday's upside magnets and see if we can flip the gap, to close last week's @ TZ2. IF not, M15 TZ2 is in a good spot
#DAX D1:CIM Tuesday's Be mo bar with SDF possible from here. I feel I should be looking down with the 2 x Be WOWC gaps but there's a strong argument to keep looking for 26k. W&S as per the weekly. #PriceAction #DayTrading
January 26, 2026 at 6:23 AM
#DAX D1:CIM Tuesday's Be mo bar with SDF possible from here. I feel I should be looking down with the 2 x Be WOWC gaps but there's a strong argument to keep looking for 26k. W&S as per the weekly. #PriceAction #DayTrading
#DAX Weekly: a strong DR from the Xmas gap & that forever-AOB. The TACO KS gap supports more down but support says something else. Another gap down to start this week also fuels the bears (we'll look at that on the H1, for a possible different story). For now, stuck between rock & hard place.
January 26, 2026 at 6:22 AM
#DAX Weekly: a strong DR from the Xmas gap & that forever-AOB. The TACO KS gap supports more down but support says something else. Another gap down to start this week also fuels the bears (we'll look at that on the H1, for a possible different story). For now, stuck between rock & hard place.
#DOW H4: WOWC gap flip, although that was a strong upside rejection combo from supply. We have manu' & services #PMI @ bell+¼: if those numbers come out strong, we might even see an end of week new ATH (I didn't think I'd be saying that on Monday).. Alt: we look for 38% @ the Bu FVG. #PriceAction
January 23, 2026 at 6:27 AM
#DOW H4: WOWC gap flip, although that was a strong upside rejection combo from supply. We have manu' & services #PMI @ bell+¼: if those numbers come out strong, we might even see an end of week new ATH (I didn't think I'd be saying that on Monday).. Alt: we look for 38% @ the Bu FVG. #PriceAction
#DAX H1: 25k looks good from here and M15 TZ1 is just a little beyond ADR; a gap close really does look too ambitious. Just need to break the corrective channel and supply - otherwise I'll be wearing a different hat. #PMI @ LO+½ - might be worth hanging on for. #PriceAction #DayTrading
January 23, 2026 at 6:26 AM
#DAX H1: 25k looks good from here and M15 TZ1 is just a little beyond ADR; a gap close really does look too ambitious. Just need to break the corrective channel and supply - otherwise I'll be wearing a different hat. #PMI @ LO+½ - might be worth hanging on for. #PriceAction #DayTrading
#DAX D1: bit of a consolidation day, stuck between Be mo bar top and the SDF zone. Looks like we could get the Friday WOWC gap close again (although that's some 450pts away, so perhaps not today). 25k might have something to say about that, so let's see what happens there - IF the bulls continue
January 23, 2026 at 6:24 AM
#DAX D1: bit of a consolidation day, stuck between Be mo bar top and the SDF zone. Looks like we could get the Friday WOWC gap close again (although that's some 450pts away, so perhaps not today). 25k might have something to say about that, so let's see what happens there - IF the bulls continue
#NASDAQ H1: WOWC gap flipped - I did not see that coming when I hit the trading machine yday morning. A lot of hurdles jumped so M15 blue TZ1 looks like magnet No1 - that's in a great spot. #DayTrading
January 22, 2026 at 1:57 PM
#NASDAQ H1: WOWC gap flipped - I did not see that coming when I hit the trading machine yday morning. A lot of hurdles jumped so M15 blue TZ1 looks like magnet No1 - that's in a great spot. #DayTrading
#DOW H1: bulls seem to be pushing on after some green GDP/unemployment (if you can believe the stats). So ... looking for a full close of the WOWC gap and ... possibly FE127 @ supply #PriceAction
January 22, 2026 at 1:56 PM
#DOW H1: bulls seem to be pushing on after some green GDP/unemployment (if you can believe the stats). So ... looking for a full close of the WOWC gap and ... possibly FE127 @ supply #PriceAction
#DOW H4: OT defeats the tea leaves again. No doubt about it, this is TACO PA (I'll save my thoughts on who would have made a lot of money with that move). We could be back looking for 50k again but, like DAX, I'm in wait-and-see mode: how will price deal with the gap? #PriceAction #TACO
January 22, 2026 at 5:36 AM
#DOW H4: OT defeats the tea leaves again. No doubt about it, this is TACO PA (I'll save my thoughts on who would have made a lot of money with that move). We could be back looking for 50k again but, like DAX, I'm in wait-and-see mode: how will price deal with the gap? #PriceAction #TACO